Crawford & Company, a global independent provider of claims management solutions, announced that it has agreed to terms to acquire a majority interest in Lloyd Warwick International Limited (LWI). LWI is a specialist loss consulting company based in London which …
The Doctors Company, a national medical malpractice insurer, announced that its agreement on October 29, 2012, to acquire Utah Medical Insurance Association (UMIA) has been terminated. “While I am disappointed that UMIA will not be joining The Doctors Company, the …
New York-based AmTrust Financial Services announced that it has entered into an agreement, pending regulatory approval, to acquire Sequoia Insurance Company and its subsidiaries, Sequoia Indemnity Company and Personal Express Insurance Company (“Sequoia”) for approximately $60 million. Sequoia offers a …
Solera Holdings, Inc., a global provider of software and services to the automobile insurance claims processing industry, announced that it has acquired 100 percent of the outstanding shares of Mensaelect S.A. Mensaelect’s proprietary, web-based product streamlines the invoicing process between …
George Hills Company (GHC) announced the acquisition of John Glenn Adjusters & Administrators, Inc., (JGAA), a California third party claims adjusting and administrative firm. Founded in 1954, George Hills Company, Inc. (GHC) provides California’s public sector and private insurance carriers …
PartsChannel, Inc. announced it has acquired Alliance Collision Parts, LLC., a company based in Indianapolis, Ind., that distributes automobile collision replacement parts. Terms of the transaction were not disclosed. “The acquisition complements our presence in the Midwest region, and we …
Southport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco LLC, has reached a definitive agreement with Dallas National Insurance Holdings to acquire 100 percent of Dallas National Insurance Company, a Texas-based property and casualty insurer, founded …
Workers’ compensation insurance provider Brickstreet Insurance has acquired a Pennsylvania company. Charleston-based Brickstreet announced its acquisition of Canonsburg, Pa.-based PennCommonwealth Casualty of America Corp. on Tuesday. Details of the deal weren’t released. The West Virginia Legislature created Bricksteet in 2005 …
Insurance mergers and acquisitions in the U.S. continued to gain momentum in 2011, with a focus on strategic transactions. Transactions increased in every market segment, including property casualty, life and annuity, health, distribution and service firms, according to a new …
Liberty Mutual Insurance Group entered Russia’s $21 billion property and casualty insurance market with the acquisition of Russian insurance company KIT Finance Insurance, the ultimate owners of which are JSC “Russian Railways” and NPF “Blagosostoyanie” (the pension fund company of …